As we know that, there is no doubt that he fundamentals of this company are very strong. This is going to give a good return....but not able to understand why there is a moderate response from Retail investors on the very first day...
It usually picks up on the very last day. Few analysts have stated that the asking price is on the higher side. But given the growth of the company within a short span of time, EBITDA would be a better metric to assess the tremendous growth trajectory of Lauras. The GMP is currently looking good, I think this stock would appreciate in value very quickly.
Yes. I agree. But, as we have seen that Sheela could not attract retail investors...the same way what happens if Lauras walks on the same path...Laurus should have been oversubscribed on the very first day...that is what I was expecting....anyway...two days are in hands...may get subscribed three time (Retail quota)
donot forget that for this IPO, GMP is only indicative and not genuine GMP. more over when on last days, strong flow of applications come, GMP rises. and in this case also GMP will increase on last day. So my opinion to start collecting on today''s gmp.
It should be noted that on Monday Laurus Labs allotted 92.38 lakh shares at Rs 428 a share to 25 anchor investors raising about Rs 395.40 crore ahead of the public issue- Considering this, the overall picture is as follows;
Total Issue Size: 24,107,440 Total allotted to Anchors Pre IPO Day 0: 9,238,000 Total Bids on Day 1 of IPO: 5,207,755 Issue subscribed end of Day1: 0.59
otal Issue Size: 24,107,440 Total allotted to Anchors Pre IPO Day 0: 9,238,000 Total Bids on Day 1 of IPO: 6,209,420 Issue subscribed end of Day1: 0.64
135. ShareView| Link| Bookmark|
December 6, 2016 4:30:15 PM
IPO Guru (2400+ Posts, 3600+ Likes)
Dear all experts
Anybody knows the difference between basic & diluted earning per share ( EPS ) ?
@evergreen, don''t discourage any member, everybody are free to ask whatever confusions are there, for every positive approach, this forum should not be restricting in any manner.
I do not think below subscription details are correct. I can see in IPO central it is subscribed 5 times as of now.please check and confirm. Which is correct.
Peer companies: Aurobindo : 25 PE Divis : 28 PE so reasonably priced and enough room for rise on listing.
This IPO can have listing at rs. 480 to 500 and in couple of days will scale to Rs. 600 and then move towards Rs. 700 just like Alkem and other pharma scrips recently listed.
Regards Anish
128.1. Silapathar| Link| Bookmark|
December 6, 2016 7:05:24 PM
Top Contributor (400+ Posts, 200+ Likes)
126. ShareView| Link| Bookmark|
December 6, 2016 2:35:46 PM
IPO Guru (2400+ Posts, 3600+ Likes)
Just In
According to Daljeet singh Kohli of Indianivesh on CNBC Awaaz , Everything is good but price.Co. made mistake in pricing at 428. Its aggressive pricing . He recommended to buy after listing at lower price for long term . He remains neutral on subscription while most of of the brokerage houses are negative . it is confusing , better to wait & watch till last day 1 pm and wait for another good IPO.
High profit growth, good op. profit margin but low net profit margin due to FC and D&A, In EV_to_EBITDA terms not too cheaper than Divis and Aurobindo but in PEG terms significantly cheaper than Divis. NPM low due to high D&A and FC. OCF_to_Sales ratio is .12. OCF_to_NP is 1.5 and 88 % of the OCF is reflecting in the NP.